The European Union and the United States have temporarily paused their escalating trade tariffs, offering a chance to avoid a full-blown trade war.

This comes after President Trump imposed tariffs on EU goods, prompting the EU to prepare countermeasures on over 1,500 American products.

EU leaders, including Ursula von der Leyen, emphasize the importance of unity and readiness to negotiate, while warning against potential attempts by the US to divide the EU.

Swedish consumers may face higher prices on American goods like beauty products, clothing, and food if tariffs resume.

Experts predict a significant impact on trade, with Sweden’s imports from the US potentially shrinking by 16%.

Both sides now have 90 days to find a resolution, with EU officials urging responsible and cooperative dialogue.